Company overview
New Concept Energy, Inc. engages in the real estate rental business. The company owns land located in Parkersburg, West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is headquartered in Dallas, Texas.
Daily valuation snapshot
These values come from the daily market snapshot dated 2026-10-08. TTM means trailing twelve months. Use the market date when comparing GBR with another company.
| Daily close (USD) | $0.72 |
| Market capitalization (USD) | $3,685,241.81 |
| Price / earnings (TTM) | Not reported |
| Price / book | Not reported |
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Company size
New Concept Energy Inc's recorded market capitalization is $3,685,241.81. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
P/E compares share price with trailing annual earnings per share. For a company with losses, inspect the earnings figures directly rather than treating a negative multiple as a cheap valuation.
Price relative to book equity
Price-to-book compares market equity value with recorded book equity. Intangible assets, profitability and the company's business affect how useful the comparison is.
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